
Struggling German carmaker Volkswagen is in talks with defence firms to repurpose a plant in northern Germany for the production of military transport equipment, the firm's boss said Friday.
Europe's biggest auto manufacturer is battling a crisis due to factors ranging from a stuttering shift to electric cars and fierce Chinese competition, and the 10-brand Volkswagen Group is in the process of cutting 50,000 jobs by 2030.
As part of the savings plans, car production is due to end at a factory in the city of Osnabrueck, and the group has been exploring other uses for it.
"We are in contact with various defence companies," Volkswagen Group CEO Oliver Blume said at a congress organised by the FAZ newspaper in Frankfurt.
"This could also be a solution for Osnabrueck," he added.
The Financial Times reported this week Volkswagen is in talks with Israel's Rafael Advanced Defence Systems to switch production at VW's Osnabrueck plant to make components for the Iron Dome air defence system, including heavy-duty trucks and electricity generators but not the projectiles themselves.
Volkswagen could benefit from the expansion into the defence sector, which is booming as Europe re-arms. That could help offset losses at its carmaking business, with profits last year at their lowest for almost a decade.
Blume however insisted that Volkswagen was "not concerned with weapons systems".
"The Volkswagen company's activities in the defence sector would rather focus on military transport, because that is our core competence."
Volkswagen's Osnabrueck site currently employs about 2,300 people making the T-Roc Cabriolet as well as the Cayman and Boxster for sister brand Porsche.
The agreement to wind down production there was part of an agreement struck with unions at the end of 2024.
Asked about the FT report earlier this week, a government spokesman declined to comment directly.
But he noted that "the automotive industry is undergoing a transformation and faces intense international competition."
"We naturally welcome initiatives that secure jobs in Germany."
vbw/sr/gv
latest_posts
- 1
James Webb Space Telescope discovers a lemon-shaped exoplanet unlike anything seen before: 'What the heck is this?' - 2
Find the Historical backdrop of Common liberties: Advancing Equity and Equity Around the world - 3
First SpaceX booster for upgraded Starship fails during test in Texas - 4
Indian rocket launches record-breaking BlueBird 6 smartphone satellite to orbit (video) - 5
UN torture cm'tee report flags Israel for allegedly mistreating journalists, detainees, ex-MAG
Portable Installment Answers for Independent ventures
NASA’s Pandora telescope will study stars in detail to learn about the exoplanets orbiting them
Dominating Online Entertainment Showcasing: 7 Hints for Organizations
Finding the Universe of Craftsmanship: Individual Encounters in Imagination
Careful Living: Embracing the Current Second
PFAS in pregnant women’s drinking water puts their babies at higher risk, study finds
Takeaways from AP’s report on potential impacts of Alaska’s proposed Ambler Access Road
The race is on to turn your body into a GLP-1 factory
How to watch 'A Charlie Brown Christmas' for less with this Apple TV Black Friday deal













